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Get your taxes done using TurboTax
Thank you for your response. I think "required" is a little strong. Rounding values on federal tax returns is optional. You can choose to round the numbers, and if you do, you have to round numbers through-out the return. However, when two or more values are used to figure the amount on a given form line, the cents must be included in the values used in the calculation.
Personally, I always get nervous when I do not match everything exactly on a W-2 form as it is given to me and reported to the IRS.
Fortunately, I do not have to worry about it. Thankfully, today's program update corrected the issue. I passed review and was able to file with the cents still present.
‎January 31, 2024
7:02 PM